Laurinda Jive


Status: Paying Back

$925.00   Loan Amount
63% repaid

About the Entrepreneur

Name: Laurinda Jive
Location: Boane, Maputo, Mozambique
Activity: Retail

About the Loan

Loan Amount: $925.00
Loan Use: To increase her stocks
Repayment Term: 18 months - View details below
Lenders Repaid: Monthly
Currency Exchange Loss: Covered
Date Listed: Jun 19, 2009
Date Disbursed: May 19, 2009
Date Funded:Jun 19, 2009

About the Country

Country:Mozambique
Avg Annual Income:$1,389.00
Currency:Mozambique Meticais (MZN)
Exchange Rate:27.1500 MZN = 1 USD



Laurinda is 40 years old and was born in the district of Guijá in the Province of Gaza. She went to school until the 2nd grade. She is a single mother of a 16 year old son, who is still in school, and she supports 3 nephews that are her responsibility because they were orphans.

She was born in Guijá because her father found himself in that district on a service mission, and her mother, on one of her visits to her father, ended up giving birth in the district of Gaza. But they always had a home in the district of Boane in the Province of Maputo.

She lives in her own home and has been a trader for 20 years. She has never worked for anyone. She has a monthly income of 3,500MT. This is her 5th loan with Hluvuku, and they are always used for the same activity. With a value of 25,000MT she intends to increase her stocks so she can satisfy the demand of her clientele. In the future she dreams of expanding her commercial establishment.

Translated from Portuguese by Jared Wandry, Kiva Volunteer


Laurinda Jive
Localização: Boane
Actividade: Comercio – Compra de produtos de primeira necessidade
Montante de Empréstimo: 25,000.00MT
Início: 19/05/2009
Período de pagamento: 16 meses

Laurinda de 40 anos nasceu no distrito de Guijá, Província de Gaza, estudou até segunda classe. Solteira e mãe de um filho de 16 anos de idade, ainda na fase escolar e sustenta 3 sobrinhos que vivem sobre responsabilidade dela por serem órfãos.
Nasceu em Guijá porque o pai encontrava se naquele distrito em missão de serviço e a mãe numa das visitas ao pai acabou dando parto naquele distrito de Gaza, mas sempre a residência deles foi no distrito de Boane, Província de Maputo.
Vive na casa própria, é comerciante a 20 anos e nunca trabalhou para outrem. Tem como rendimento mensal 3,500.00MT.
É quinto empréstimo com a Hluvuku e sempre foi pediu empréstimo para mesma actividade. Com o valor de 25,000.00MT, pretende reforçar o stock de modo a satisfazer a demanda da sua clientela.
No futuro sonha ampliar o seu estabelecimento comercial

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Journal entries for Laurinda Jive


Loan has been disbursed
 
Entrepreneur: Laurinda Jive
Location: Boane, Maputo, Mozambique

Thank you for your loan. It has been disbursed to Laurinda Jive by Hluvuku-Adsema in Mozambique. We are excited to watch this business grow. Over the 15 months of this loan, Hluvuku-Adsema will be collecting repayments from this entrepreneur and posting progress updates on the Kiva website.


Posted by from Boane, Maputo, Mozambique
Jun 20, 2009
Comments (1)

Update on Laurinda Jive's Kiva Loan
 
Entrepreneur: Laurinda Jive
Location: Boane, Maputo, Mozambique

Laurinda Jive is a veteran of the Boane central market. She has been working in the market for the last 7 years. She started out selling used clothes that she bought in South Africa, but has now moved on to sell plastic durable goods that she gets from Swaziland. Her offerings include chairs, tables and buckets. Her Kiva loan has helped her add further products to her offerings and have also permitted her to make minor repairs to her home.

In the future Laurinda plans on building small rental units close to her home. She plans on doing this with the help of microfinance.

Thank you for being a part of Laurinda's success!

To learn more about microfinance in Mozambique visit the Kiva Fellows blog here

Be one of the first people to join the newly created Hluvuku-Adsema lending team here

To learn more about Hluvuku-Adsema visit there Kiva partner page here.


Posted by Cameron Morris from Boane, Maputo, Mozambique
Jul 10, 2009
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Kiva Help Repayment Schedule for Laurinda Jive

  Expected Repayments Actual Repayments Comments
August 2009 $40.65 $40.65 Repayment Received
September 2009 $42.48 $42.48 Repayment Received
October 2009 $44.40 $44.40 Repayment Received
November 2009 $46.41 $212.77 Repayment Received
December 2009 $48.51 $244.25 Repayment Received
January 2010 $50.70 Available Jan 1 Repayment Received
February 2010 $53.00 Available Feb 1 Repayment Received
March 2010 $55.39 Available Mar 1 Repayment Received
April 2010 $57.90 Available Apr 1 Repayment Received
May 2010 $60.51 Available May 1 Repayment Received
June 2010 $63.25 Available Jun 1 Repayment Received
July 2010 $66.11 Available Jul 1  
August 2010 $69.09 Available Aug 1  
September 2010 $72.22 Available Sep 1  
October 2010 $75.48 Available Oct 1  
November 2010 $78.90 Available Nov 1